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Tuesday, January 25, 2011

Keppel to increase presence in Tianjin Eco-City with water projects

Keppel to increase presence in Tianjin Eco-City with water projects:
Key Points
  • Keppel Integrated Engineering Ltd (KIE) will broaden its scope of activities in the Sino-Singapore Tianjin Eco-City (Tianjin Eco-City) in China through two agreements to be signed on 25 Jan 2011.
  • The first is a framework agreement with Tianjin Eco-City Investment and Development Company (TECID), in which KIE will explore joint investment and development of water treatment projects in the Tianjin Eco-City. The projects will include a new water recycling plant that will reuse reclaimed wastewater in the Eco-City.
  • In the second agreement, which is signed with the Sino-Singapore Tianjin Eco-City Investment and Development Co., Ltd., KIE will lease 3,000 square metres of office, laboratory and workshop space for the Tianjin Eco-City Sustainable Development Innovation Centre (TSDIC). KIE is the first anchor tenant of what is envisioned to be a vibrant centre for R&D and innovation in the Tianjin Eco-City. As one of the Singapore companies deploying eco-technologies in the Tianjin Eco-City, KIE will also take the lead in developing the TSDIC.

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